Work for them for free if you have to or split the profit.

What are you doing to generate leads?

For 10+ years I've made most of my income from internet marketing (I've never had a "real" job), and I've done lead generation in some very competitive niches (home security, debt consolidation, etc.). 

This will establish you as a reputable company it will also be able to link you with your leads .2#  Make it make since You must have properties that are at a low enough price for your investors and be able to make a profit at the same time .

Rehab money is not fixed e.g. it could range from 100K to 120KWe have base price of property and then profit would be split 50 % to owner and 50% to us after taking out all expenses.Do I need o hire attorney to draft these documents ?

@Josh TurnerI am a licensed roofer and love doing roofovers... big money saver and works fine...people discourage it because it is less profitable...there is no evidence or facts that it harms anything.

I've joined the local REIA, created an LLC, and am thirsty to learn all I can about the aspects of real estate, deal structuring, and how to analyze and take advantage of situations and opportunities as they present themselves.I'm focusing on generating passive income for our family, and pursuing a level of financial freedoms. 

Why make it harder on yourself to be profitable.  

I need some of your inputs to determine which offer below would give me more profit or benefits from tax perspective. 1) First offer: $400K, which was what the listing price is for my property, with no closing help.2) Second offer: $412K but with $12K seller credit for closing help.

I was going to flip this investment property and take the profit and finish my mobile home and buy a second mobile home and rent out the first one. finish the second one and rent it out. eventually using the same process moving into a house let the rental income pay my mortgage and  flip houses.